Microfinance Apex Bank Proposed in Ghana

Tuesday, October 22, 2013

Speedy establishment of a Microfinance Apex Bank has been proposed to bolster the microfinance sector, critical for poverty reduction through financial empowerment of low-income people.

The Microfinance Apex Bank can be set up along the lines of the ARB Apex Bank with all umbrella microfinance bodies having a stake in its ownership together with government.

It could be best positioned as a public-private venture also involving other interested bodies and individual collaborators in the public and private sectors.

Source: Spy Ghana (link opens in a new window)

financial inclusion, microfinance